Gold Mining Company Mergers Signify Lack Of Discoveries – Junior Acquisitions Likely

Recent big mergers in the gold-mining industry signify a lack of mine discoveries. Here’s what a lack of discoveries means for the mining industry…

by Chris Powell of the Gold Anti-Trust Action Committee (GATA)

Dear Friend of GATA and Gold:

Tocqueville Gold Fund manager John Hathaway, interviewed by Palisade Radio, says the recent big mergers in the gold-mining industry signify a lack of mine discoveries. He expects acquisitions to continue among smaller gold-mining companies, whose valuations he considers unusually low. The interview is 13 minutes long and can be heard here:

https://palisaderadio.com/john-hathaway-more-takeovers-to-come-within-th…

 

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